+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Cruise ship stocks are getting whacked after Zika travel warnings

Aug 2, 2016, 23:47 IST

Sandy Huffaker/Getty Images

Shares of the three major publicly traded cruise liners are getting whacked.

Advertisement

Shares of Norwegian Cruise Lines and Royal Caribbean have fallen by almost 6.5% each and Carnival Cruise Lines is off just over 2.5% as of 1:50 p.m. ET.

The drop-offs come the day after an advisory from the Centers for Disease Control and Prevention warned against pregnant women traveling to part of Miami, an important departure port for many of the cruise lines' ships, in the wake of several cases of the Zika virus in the area.

Additionally, almost all of the cruise lines' Caribbean and Central American destinations have reported active Zika transmission according to data from the CDC.

As of 2011, according to the US Department of Transportation Maritime Administration, roughly 35% of all North American cruise line passengers departed from the two Miami area ports.

Advertisement

Here's a chart showing the drops:

NOW WATCH: We asked a Navy SEAL what he ate during training, and his answer shocked us

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article